SATA Technology Co., Ltd. (NASDAQ:SATA) Shareholders to Receive $0.05 Dividend

SATA Technology Co., Ltd. (NASDAQ:SATA) announced a dividend on Thursday, October 8th. Investors of record on Wednesday, October 28th will be paid a dividend of $0.0516 per share on Thursday, October 29th. The ex-dividend date is Wednesday, October 28th.

SATA Technology Stock Performance

Shares of NASDAQ SATA opened at $98.82 on Friday. SATA Technology has a 52 week low of $79.01 and a 52 week high of $101.35.

Insider Transactions at SATA Technology

In other news, CMO Arshia Sarkhani sold 5,634 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $31.33, for a total value of $176,513.22. Following the sale, the chief marketing officer directly owned 11,795 shares of the company’s stock, valued at approximately $369,537.35. This represents a 32.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Jonathan R. Macey sold 6,700 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $30.32, for a total transaction of $203,144.00. Following the completion of the transaction, the director owned 8,115 shares of the company’s stock, valued at $246,046.80. This trade represents a 45.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 42,620 shares of company stock valued at $1,325,038.